Toll number: 0860 111 177
INDICATIVE LOAN LIMIT
Calculate your maximum loan amount
Indicative credit approval limit
Net salary including travel allowance
Reimbursive allowance for business travel
Expected total kms p.m.
Contract period
Interest rate
(Current Prime rate = 9.00%)
Balloon payment (as % of purchase price)
- 0%0
- 20%10
- 25%15
- 30%20
- 35%30
- 40%40
- 45%60
- 50%80
(Refer to the Maximum Balloon Payment schedule below)
Balloon Payment
Maximum lease payment based on income
p.m. (Limited to 30% of net salary)
Indicative credit approval limit
- Please note, that the above indicative limit is merely a guide to assist you in determining what maximum purchase price you may qualify for in terms of our normal credit granting requirements. Whilst you may qualify for a particular priced vehicle, in terms of a credit rating, the costs of running such a vehicle may exceed your net travel allowance.
- This guide does not take into account influencing factors such as age, employment stability, home ownership, etc., all of which have an impact on the approved credit limit.
Bidvest Bank Limited is a licensed financial services provider and a registered credit provider, NCRCP17. The only valid Bidvest Bank websites are
www.bidvestbank.com and
www.bidvestbank.co.za. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank -
these sites are fraudulent. Please report any such site to
fraudsquad@bidvestbank.co.za.